Travis Hoium : Kinder Morgan is supposed to be a cash-flow machine for investors, acting as a toll collector on thousands of miles of oil and gas pipelines. At the end of the day, the company should be judged by its cash flow and dividend — which is no longer a great value at a 2.2% dividend yield.
Category: Kinder Morgan
Kinder Morgan Is Primed for an Upside Play
This updated daily bar chart of KMI, below, shows that prices meandered sideways around $22 since our Nov. 11 updated. The stock has been testing the $23 level recently — and it looks like an upside breakout can occur at any time.
Kinder Morgan Shares Fall Ahead of Earnings Release
The pipeline operator likely will announce few updates on Wednesday’s earnings call as analysts suspect it will save the biggest news for next week’s analyst day. The country’s largest energy infrastructure company Kinder Morgan is set to report fourth quarter earnings after markets close Wednesday, Jan. 18, and analysts are calling for EPS of 18 cents on $3.5 billion in revenue, according to FactSet.